Thursday, December 3, 2020

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NSE launches first agri commodity futures contract

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National Stock Exchange (NSE) on Wednesday said the exchange has launched its first agricultural commodity futures contract on crude degummed soybean oil (CDSO Futures). About CDSO Future Contract

Infosys and Rolls-Royce are in partnership for aerospace engineering in India

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Rolls-Royce the world’s leading aerospace and defence technology companies partners with Infosys, a global leader in next-generation digital services and consulting, for sourcing engineering and R&D Services for Rolls-Royce’s Civil Aerospace business.

Paytm partners with Suryoday Small Finance Bank

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Paytm has announced its partnership with Suryoday Small Finance Bank to empower MSMEs with instant digital loans.  The company is offering instant microloans to businesses that are unable to access financial services from traditional...

Blackstone Group to buy quant credit manager DCI

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Blackstone Group will acquire quantitative credit investment firm DCI. DCI will become part of Blackstone Credit, a global leader in private lending, syndicated leveraged loans and collateralized loan obligations. 

Sandeep Kataria becomes first Indian to be appointed as global CEO of Bata

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Leading shoe maker, Bata Shoe Organization has appointed its India chief executive officer Sandeep Kataria as its global CEO. becoming the first Indian to take up the job at the over 120-year-old shoemaker.

Airtel, Nokia Tie Up For 5G Network In Kenya

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Bharti Airtel's Africa arm and telecom gear maker Nokia on Monday announced a three-year deal to modernise network in Nairobi with high-speed 4G, and deploy 5G-ready equipment. The deployment...

Paytm Money to offer investments in IPOs

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Paytm on Monday announced that its subsidiary Paytm Money will now facilitate investments in Initial Public Offers (IPO) in India.  The new service will give retail investors wealth creation...

Kalpataru buys back shares worth ₹142.68 crore

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Kalpataru Power Transmission Ltd on Friday said it has bought back 58.06 lakh equity shares for Rs 142.68 crore. The company had announced to buy back its equity shares from the open...

Burger King IPO,check all details here

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Private equity firm Everstone Group promoted Burger King India Ltd on Friday said it is all set for the launch of its upcoming initial public offering (IPO) Price Band

Jubilant Life Sciences raises Rs 90 cr through commercial papers

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Drug firm Jubilant Life Sciences on Thursday said it has issued commercial papers worth Rs 90 crore. (adsbygoogle = window.adsbygoogle || ).push({});

Union Bank Of India Plans To Raise Up To Rs 6,800 Crore

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State-owned Union Bank of India on Wednesday said it proposes to raise up to Rs 6,800 crore during this fiscal to fund business growth. About Union Bank Union...

Amazon Fined For Not Displaying Mandatory Info About Products

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The government has imposed a penalty on e-commerce major Amazon for not displaying mandatory information, including the country of origin, of products sold on its platform, according to an official order.

Alia Bhatt to become an entrepreneur

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Bollywood actor Alia Bhatt has launched her own startup venture in the kidswear category called Ed-a-mamma.  Bhatt, who has investments in beauty e-tailer Nykaa and fashion styling platform StyleCracker,...

HDFC Bank crossed ₹8 trillion market capitalisation

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HDFC Bank Ltd.on Wednesday became the first bank in the Indian history to cross the Rs 8-trillion market capitalisation milestone after its shares hit fresh record high of Rs 1,464 apiece on...

RBI rejects Muthoot Finance’s proposal to buy IDBI Mutual Fund

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The Reserve Bank of India (RBI) has declined by Muthoot Finance Ltd's proposal to buy IDBI Asset Management Ltd and IDBI MF Trustee Company Ltd from IDBI Bank Ltd and IDBI Capital...

Cars24 turns unicorn afer raising over $200 million

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Cars24 has raised $200 million in its Series E round, taking the company's valuation to over $1 billion. This is 2X jump in Cars24’s valuation in a year. 

Bitcoin close to all time high after topping $19,000

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The first largest Cryptocurrency Bitcoin hit $19,000 on Tuesday, November 24, for the first time in nearly three years and was just shy touching an all-time high of just under $20,000. 

Edtech firm Byju’s to raise $200 million Fund

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Online education startup Byju’s is close to raising $200 million in a fresh fundings. With this investment, Byju’s has raised over $2.3 billion from investors in over 18 funding rounds.

Bharti Airtel To Buy Stake In Avaada Energy’s Subsidiary

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Bharti Airtel on Friday said it will acquire stake in solar power company Avaada MHBuldhana in an all-cash deal. The company has entered into an agreement on November 19 for acquisition...

Indiabulls appoints Dinabandhu Mohapatra as an independent director

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Indiabulls Housing Finance’sBoard on Saturday approved appointment of Dinabandhu Mohapatra as an independent director of the company for three years. ...

Majesco Limited issues notice on Buyback of its Equity Shares

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Majesco Limited, an Indian listed company announces that the Company's Board of Directors, in its meeting held on October 8, 2020 have approved the buy back of Equity Shares.

CCI clears Reliance-Future retail deal despite Amazon’s objections

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The Competition Commission of India(CCI) approved Reliance Retail’s acquisition of Future Group’s retail assets on Friday. (adsbygoogle = window.adsbygoogle || ).push({});

Bharti Infratel and Indus Towers merger completed

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Bharti Airtel on Friday said the merger of Indus Towers Limited and its telecom tower arm Bharti Infratel Limited has been completed.  Post the completion of the transaction, Vodafone...

SEBI fines Raymond for violating market norms

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Markets regulator Sebi on Thursday imposed fine on Raymond Ltd for not obtaining approval for certain related party transactions involving the lease of JK House. ...

JSW Infrastructure completes acquisition of Chettinad Group’s port business

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JSW Infrastructure Ltd, an arm of the publicly listed JSW Steel Ltd, has acquired the ports business of the Chennai-based Chettinad Group. ...

Walmart to sell Japan’s Seiyu to KKR and Rakuten

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U.S retailer Walmart Inc has agreed to sell most of Japanese supermarket chain Seiyu to investment firm KKR and e-commerce company Rakuten  ...

FPIs remain positive on Indian markets

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FPIs invested a net sum of Rs 29,436 crore into equities and Rs 5,673 crore into debt segment between November 2-13, According to the depositories data. A net amount of...

Reliance to buy furniture retail Urban Ladder

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Reliance Retail Ventures Limited (RRVL), a subsidiary of Reliance Industries Limited (RIL) has acquired equity shares of Urban Ladder Home Décor Solutions. (adsbygoogle...

DHL Express to invest EUR 750 million in Asia Pacific region

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Logistics firm DHL Express on Thursday said it will invest EUR 750 million (about Rs 6,600 crore) in the Asia Pacific region on the back of e-commerce growth.

TCS to acquire Pramerica Technology Services from Prudential Financial

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India’s Tata Consultancy Services Ltd. agreed to acquire Pramerica Technology Services from insurance giant Prudential Financial  PFI will retain the Pramerica Ireland entity, which will continue to operate from Letterkenny and will provide...

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